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MICROENTERPRISES
Tripura attracted Rs 30,000 crore investment proposals last year with Rs 8,000 crore projects grounded: CMTripura is experiencing significant economic growth. The state attracted investment proposals exceeding Rs 30,000 crore, with over Rs 8,000...- Industrial Bong for the Buck: A blueprint for West Bengal’s evolution from an entrepot to a production hubWest Bengal’s hopes of an industrial revival face structural challenges despite strong manufacturing growth over the past decade. A NITI Aa...
- MSME min scheme created 36 L jobs during FY22-26The Prime Minister's Employment Generation Programme has successfully created jobs for over 36 lakh individuals. It also supported the esta...
- India's digitalisation reforms improved productivity in MSMEs: IMF paperA working paper by the International Monetary Fund said digitalisation of public administration in India has boosted productivity among MSM...
- It's popular mechanics 101: India’s edge lies in using AI to enhance human productivity, not replace itThe piece argues that AI is not an inevitable force shaping economic outcomes; rather, societies decide how its benefits are distributed. H...
- More data doesn’t mean better credit: Account aggregators prove whyIn this new era, competitive advantage will belong to those with the most disciplined analytical frameworks.
- Tourism industry strengthens when local enterprises have access to finance: Omar Abdullah at Axis Bank event in SrinagarOmar Abdullah emphasised that better access to finance for local enterprises is key to strengthening tourism and driving inclusive growth i...
- West Asia war: Indian banks better placed to weather global stress but face margin squeeze, Fitch Ratings saysIndian banks are poised for resilience despite global uncertainties. However, persistent external risks may impact their profit margins and...
- Water, waste & will: How India’s MSMEs can lead the sustainability revolutionWater efficiency, if managed wisely, could very well be the next competitive advantage for Indian MSMEs.
- PMMY drives micro enterprise growth, boosts women-led businesses in IndiaIndia's Pradhan Mantri MUDRA Yojana has empowered countless micro-enterprises. This scheme provides collateral-free credit, fostering growt...
- Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...
- SIDBI & Vivriti launch Rs 700 cr AIF fund for micro-enterprises with BBB and lower ratingsThe fund was co-conceptualised by SIDBI and Vivriti with dual objectives of providing necessary debt capital to microenterprises and buildi...
- From new classification to a separate division in the Ministry, India’s micro-MSMEs need differentiated supportAs India aims to become a $5 trillion economy by 2026, it has never been more critical than now to expand support to the MSME sector, and p...
- Warburg Pincus to acquire micro-enterprise lender Vistaar FinanceExiting shareholders would include WestBridge Capital, Elevar Equity, Omidyar Network India and Saama Capital. The deal size is not disclos...
- Fintech lender Aye Finance appoints Mayank Thatte as CFOMayank Thatte’s last assignment was as CFO at Electronica Finance, and he has over 19 years of experience working with leading organisation...
- SBM Bank ties up with PayNearby to offer 'open banking' to massesState Bank of Mauritius (SBM) is the first foreign lender to receive banking license in India through wholly-owned subsidiary route.
- Wage levels very low in microenterprise sector, finds new reportThe report said the vast majority of microenterprises are tiny and run with less than three workers.
- Artoo partners with Annapurna MicrofinanceThe lending firm will use Artoo's Intelligent Digital Loan Origination System, which would help it reduce the amount of time taken to appro...
- SBI concludes 15 year $300 million loan to rural and micro lendingThe country’s largest lender State Bank of India (SBI) and the German development bank KfW today concluded a 15 year loan worth $300 millio...
- Over 4 lakh urban poor given work assistanceMore than four lakh people in the urban poor category have been assisted in setting up micro-enterprises and more than five lakh provided w...
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